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v3.22.1

FHLBNY ADVANCES (Tables) | 3 Months Ended
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Mar. 31, 2022
FHLBNY ADVANCES |
Summary of FHLBNY extinguishments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31,
(Dollars in thousands) | ​ | ​ | 2022 | ​ | ​ | 2021 | ​
FHLBNY advances extinguished | ​ | $ | - | ​ | $ | 130,150 | ​
Weighted average rate | ​ | ​ | - | % | ​ | 1.91 | %
Loss on extinguishment of debt | ​ | $ | - | ​ | $ | 1,594 | ​
Schedule of contractual maturities and weighted average interest rates of FHLBNY advances | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2022 |
(Dollars in thousands) | ​ | ​ | ​ | ​ | Weighted |
Contractual Maturity |  | Amount |  | Average Rate |
2022, fixed rate at rates from 0.75% to 0.77% | ​ | $ | 50,000 |  | 0.76 | %
Total FHLBNY advances | ​ | $ | 50,000 |  | 0.76 | %
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2021 |
(Dollars in thousands) | ​ | ​ | ​ | ​ | Weighted |
Contractual Maturity |  | Amount |  | Average Rate |
2022, fixed rate at 0.35% | ​ | $ | 25,000 |  | 0.35 | %
Total FHLBNY advances | ​ | $ | 25,000 |  | 0.35 | %

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- Definition Tabular disclosure for extinguishments for Federal Home Loan Advances. + References No definition available. + Details
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